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Euro-area GDP growth slowed during the second quarter of 2015 at 0.3% Q-o-Q (against +0.4% for 1Q 2015), above the average quarterly growth rate for 2013-2014. Growth increased in Germany (+0.4% against +0.3%) and Spain (+1.0% against 0.9%), sustained by net exports and internal demand. On the contrary, French growth collapsed to 0.0% against +0.7%) with positive contribution of net exports compensated by a negative contribution of inventories.
Coface, the international credit insurer, is providing customised cover for credit and political risk to address the increasing challenges of international business.
The People’s Bank of China (PBoC) surprised the market by lowering the benchmark exchange rate from 6.1162 to 6.2298 (approximately 1.9%) per dollar on Tuesday August 11.
But there may be stormy times ahead.
Do you think short-term insurance broking will survive the AI plus humanoid robotics age?